ALCO Pharmacy

What ALCO Pharmacy does

ALCO Pharmacy is a specialized long-term care pharmacy founded in 1997 and headquartered in Owings Mills, Maryland, exclusively serving Intellectual and Developmental Disabilities (I/DD) residential programs across Maryland, Pennsylvania, Washington DC, and Virginia. The company dispenses prescription medications, over-the-counter products, medical supplies, and consultant pharmacist services to group homes and residential programs regulated by state developmental disability agencies (DDA in Maryland, DHS in Pennsylvania, DDS in DC, and Virginia DDS). Its go-to-market is relationship-based B2B sales, with a dedicated account manager assigned to each provider, proactive refill outreach, and on-site clinical onboarding.

The company's technology stack centers on a pharmacy management platform with two-way EHR and eMAR integrations to I/DD-specific systems including Therap and Carasolva, a HIPAA-compliant mobile application for 24/7 refills and bill payment, and a Webconnect portal for providers to access patient profiles, medication administration records, and real-time delivery tracking. Its core operational differentiator is hand-packed blister packaging with triple-check verification, customized for day programs, travel, and leave-of-absence workflows. The business model is predominantly recurring revenue through monthly medication cycles to residential programs, supplemented by OTC product sales, medical supply sales, and professional consultant pharmacy services; pricing is quote-based and not publicly disclosed.

Name

ALCO Pharmacy

Legal name

ALCO Pharmacy

Website

https://alcopharmacy.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

ALCO Pharmacy is a long-term care pharmacy exclusively serving Intellectual and Developmental Disabilities (I/DD) residential programs in Maryland, Pennsylvania, Washington DC, and Virginia, dispensing prescription medications, blister packaging, and consultant pharmacy services through dedicated account managers and EHR/eMAR-integrated workflows.

Ownership category

akta.pro rank

Product category

Long-Term Care Pharmacy

NAICS

Pharmacies and Drug Retailers (456110)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Long-Term Care (LTC) & Skilled Nursing Facility Pharmacies (HLAFALAF)

akta.pro secondary industries

Medication Adherence, Packaging & Fulfillment Services (Blister/Unit-Dose) (HLAFALAJ), Pharmacy Liaison & Prior Authorization/Insurance Coordination (HSABALAD)

Keywords

• Long-term care pharmacy
• Medication management services
• Blister packaging pharmacy
• I/DD residential pharmacy
• Specialty pharmacy services

Headquarters

HQ city

Owings Mills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Prescription Medications: Dispensing prescription medications to I/DD residential programs through long-term care pharmacy model. Monthly cycle medication deliveries.
2. Over-the-Counter Products: Sale of OTC products including pain medication, cold and allergy medication, vitamins, supplements, oral health products, first aid items, sunscreen, bug spray, and enteral nutrition drinks.
3. Medical Supplies: Sale of medical equipment and supplies including disposable medical supplies, incontinence supplies, diabetic testing supplies, gloves, medication cups, and sharps containers.
4. Consultant Pharmacy Services: Clinical pharmacy services including medication therapy management, drug interaction analysis, and physician consultation for optimal medication benefits.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

ALCO Pharmacy dispenses physician-ordered prescription medications on a monthly cycle to Intellectual and Developmental Disabilities (I/DD) residential programs in Maryland, Pennsylvania, Washington DC, and Virginia. Core offerings include long-term care pharmacy dispensing, customizable blister packaging with triple-check verification, 24/7 pharmacist and emergency medication access, and dedicated account management with prior authorization and insurance billing support. Add-on offerings include over-the-counter products and medical supplies, supported by EHR/eMAR integrations, a Webconnect portal, and a HIPAA-compliant mobile app.

Product overview

ALCO Pharmacy is a specialized long-term care pharmacy serving individuals with Intellectual and Developmental Disabilities (I/DD) in residential programs. The company operates as a unified pharmacy services platform rather than a modular software product. Its core offerings include: Blister Packaging for organized medication administration, Routine Medication Management with monthly delivery, 24/7 Access with emergency support, Customized Services through dedicated account managers, Delivery Options via partner USPack, Long Term Care pharmacy services, and EHR/eMAR integrations. The platform is complemented by a Mobile App and Webconnect portal for digital access, plus add-on products including Over-the-Counter medications and Medical Supplies. The company serves DDA-regulated programs in Maryland, Pennsylvania, Washington DC, and Virginia.

Differentiator

Problem solved

Functional benefit

Products and services

• Blister Packaging Hand-packed blister cards organized by date and time with clear administration indications, triple-checked before delivery, and customizable for day programs, leave of absence, and travel needs. Used by I/DD residential providers to safely administer medications to residents.
• Routine Medication Management Monthly cycle medication delivery with pharmacist supervision, drug interaction analysis, and medication therapy management for I/DD residential program clients.
• Customized Services Dedicated account management providing personalized prescription processing, billing, prior authorization management, and provider staff education for I/DD residential organizations.
• Delivery Options Medication and supply delivery service through USPack with real-time tracking, supporting daily needs and monthly cycle medication fulfillment to provider sites.
• Long Term Care Pharmacy Services Long-term care pharmacy (LTCP) services providing prescription medications and consultant pharmacy services to I/DD residential programs with continuous pharmacist access and emergency medication delivery.
• Over-the-Counter Products OTC products including pain medication, cold and allergy medication, vitamins, supplements, oral health products, first aid items, sunscreen, bug spray, and enteral nutrition drinks supplied to I/DD residential providers.
• Medical Supplies Medical equipment and supplies including disposable medical supplies, incontinence supplies, diabetic testing supplies, gloves, medication cups, and sharps containers supplied to I/DD residential providers.
• ALCO Mobile App HIPAA-compliant iOS and Android mobile app enabling 24/7 prescription refill requests, pharmacy contact, and online bill payment for providers and self-directing clients.
• Webconnect Portal Web-based pharmacy platform for provider teams to print Physician Order Forms and Medication Administration Records, view patient profiles, check delivery status, and communicate with the pharmacy.
• Self Direct Pharmacy Services Pharmacy services for individuals who self-direct their Maryland DDA waiver services, easing medication management burden, increasing adherence, and supporting independent living through refill management and blister packaging.

Quantifiable outcome

• Triple-check verification process for all blister packs before delivery ensures medication accuracy
• +1 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• USPackcoreGTM or Marketing PartnerTrusted delivery partner that ensures on-time delivery of medications and supplies. Their team of courteous, reliable drivers insures all medications arrive quickly and accurately. Real-time tracking integration with ALCO's delivery system.
• TherapcoreTechnology or IntegrationEHR/eMAR integration partner. ALCO Pharmacy interfaces with Therap to save provider teams time and adapt to their workflow. Logo displayed on ongoing contact page.
• CarasolvacoreTechnology or IntegrationEHR/eMAR integration partner for electronic medication administration records. Included in interface capabilities for provider workflow adaptation.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• PharMerica: One of the largest U.S. long-term care pharmacy operators, dispensing medications to skilled nursing, assisted living, and behavioral health facilities. Comparable to ALCO because both serve institutional populations with monthly cycle medications and consultant pharmacy services, though PharMerica operates nationally and across multiple verticals rather than specializing in I/DD.
• Guardian Pharmacy Services: Large LTC pharmacy chain with regional operating model serving senior living, behavioral health, and group home populations. Comparable to ALCO due to its closed-door LTC dispensing model, custom packaging, and EHR integrations, though Guardian operates across many states and population segments rather than I/DD only.
• Omnicare (CVS Health): National LTC pharmacy operated by CVS Health, serving nursing homes, assisted living, and other institutional populations. Comparable to ALCO because it provides long-term care pharmacy services including blister packaging and consultant pharmacy, though at vastly greater scale and across all institutional verticals rather than I/DD specifically.

Direct peers

• Polaris Pharmacy Services: Specialty LTC pharmacy focused on group homes, behavioral health, and intellectual/developmental disability residential programs in the Mid-Atlantic. Comparable to ALCO as the closest direct competitor in I/DD specialty pharmacy with custom blister packaging, monthly cycle fills, and EHR/eMAR integrations.
• Forum Extended Care Services: Independent LTC pharmacy serving skilled nursing and assisted living facilities with custom packaging and clinical pharmacy services. Comparable to ALCO in closed-door LTC dispensing and consultant pharmacy offerings, though Forum is concentrated in the Midwest rather than Mid-Atlantic I/DD providers.
• LTC Scripts: Specialty LTC pharmacy focused on serving assisted living facilities and group home populations with blister packaging and clinical support. Comparable to ALCO in core service delivery model (monthly cycle fills, customized packaging, dedicated account management) for institutional residential settings.

Regional players

• Synchrony Health Services: LTC and specialty pharmacy provider serving senior living and behavioral health communities primarily in the Southeastern U.S. Comparable to ALCO in dispensing model and custom packaging for residential populations, though the geographic footprint does not directly overlap Mid-Atlantic I/DD providers.
• Alexandria Compounding Pharmacy: Independent compounding and LTC pharmacy in the Mid-Atlantic region serving group homes and residential facilities. Comparable to ALCO due to its closed-door LTC operations and regional Mid-Atlantic footprint serving residential programs, though it has a stronger emphasis on sterile and non-sterile compounding.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ALCOPharmacy

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ALCO Pharmacy